Building Overview
New Center Building, developed by Cong ty dau tu phat trien Dogi, provides a practical office solution for small and medium-sized enterprises seeking a stable presence in Yen Hoa Ward. Managed directly by the building owner, this Grade C property features 8 above-ground floors and 1 basement level. The typical floor plate of 122 sqm is well-suited for independent offices, allowing tenants to manage their space efficiently without the overhead of larger floor plates.
Location and Connectivity
Situated at 2 Hoang Dao Thuy, Yen Hoa Ward, Hanoi, the building sits within a developing urban area. This position places tenants near several key administrative and corporate entities, including the State Audit, the Authority of Radio Frequency, the Ministry of Science and Technology, and the Military Medical Equipment Corporation. The surrounding neighborhood features various dining, retail, and business amenities, supporting daily operations and client meetings. Tenants should verify local traffic patterns as part of site surveys.
Technical Specifications and Operations
The building is equipped with standard commercial infrastructure to support daily business activities:
- Elevator system: 1 high-speed elevator serving all floors.
- Air conditioning: Modern central air conditioning system, with electricity billed by actual meter consumption.
- Backup power: Generator capable of supporting 100% capacity during outages.
- Ceiling height: Clear height of 2.7 meters.
- Parking: 1 dedicated basement level, with parking fees set at 1,100,000 VND/car/month and 110,000 VND/motorbike/month.
- Operating hours: Monday to Friday from 8:00 AM to 6:00 PM, and Saturday from 8:00 AM to 12:00 PM. Overtime charges are negotiable.
Lease terms require a minimum of 3 years, with a 3-month deposit and quarterly payments. Prospective tenants are advised to confirm current vacant areas and specific layout options directly with the leasing team prior to finalizing agreements.
Leasing Costs and Commercial Terms
The base rent at New Center Building ranges from $11 to $12 per square meter per month. This rate already incorporates the building service fee, simplifying the monthly accounting process for tenants. Value Added Tax (VAT) is applied at 10%.
For utility and operational expenses, tenants should budget for the following structured costs:
- Electricity: Billed based on actual consumption recorded by individual meters.
- Motorbike Parking: 110,000 VND per vehicle per month.
- Car Parking: 1,100,000 VND per vehicle per month.
- Overtime Charges: Subject to direct negotiation with the building owner.
These commercial terms provide a predictable cost structure, though tenants should clarify the exact definition of the included service fees prior to signing. Understanding what is covered under the base rent helps prevent unexpected operational expenses during the lease term.
Suitable Tenant Profiles and Checks
With a typical floor plate of 122 square meters, the property is well-suited for small to medium-sized enterprises requiring independent office setups. This compact layout allows single-tenant occupancy on a floor, reducing distractions and simplifying internal space management.
Before finalizing a lease, prospective tenants should conduct specific site checks:
- Available Area: Verify the exact vacant space and layout options, as configurations may vary.
- Overtime Costs: Negotiate specific rates for after-hours operations if regular business extends past standard hours.
- Parking Capacity: Confirm the allocation of parking spaces in the basement for both staff and visitors.
- Power and AC: Ensure the central air conditioning and backup generator capacities align with any specialized technical requirements.
Advisory Conclusion
New Center Building provides a functional, cost-effective office solution in Yen Hoa Ward. The combination of manageable floor plates, inclusive service fees, and essential technical infrastructure makes it a practical choice for businesses seeking a stable operational base. Working directly with the building owner ensures straightforward communication regarding lease terms and daily management. For organizations prioritizing budget predictability and a straightforward leasing structure, this property offers a reliable environment.